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I was talking with a friend of mine, and we got on to the subject of how trading can be compared to many things. On a lighter note, we talked about how the old video Game Frogger is similar to trading.
1. Move forward = Go long
2. 2 Moves forward = scaling in to a position
3. Move backward = Go Short RARE as the frog is LONG biased
4. Timing = Waiting for a trade
5. Daily STOP = 3 Lives done
6. Daily GOAL = 5 slots completed. STOP trading.
7. Risk vs. Reward = Waiting for right opportunity
SEE FROGGER IN ACTION
http://www.youtube.com/watch?v=l9fO-YuWPSk
Can you help answer these questions from other members on NexusFi?
Before trading I was a video game addict and used to be in a US world champ FPS team although from Europe (ping times were bad pre-2000s')
I believe it helped me to lead a competitive mind much like a sportsman. Also I found many similarities to the trading world in the sense that in these games, everyone have mastered very high skill levels in a very similar way. Therefore, getting an edge towards your opponents is only a matter of integrating very small details and not forgetting any.
That is about the same for trading. If you forget one component in the chain (be it bending your trading plan, relaxing on your money management or beiginning the day with your mind off after a party day), you're out. You have to be in a "close to perfection" shape everyday. That is for discretionnary trading at least.
Some poker stars also made a career first in the video gaming leagues. This field tends to help you focus on being vivid and quick in your decisions.
Good points here. My style of trading involves jumping into a fast moving market that has plenty of momentum. It takes great timing and reflexes..but it seems to me..it's only at these times.when you can be reasonably sure what a market is going to do for the next few seconds. So, having had some experience with 1st person shooter video games, I would have to say that has helped me with my style of trading. I always thought to myself, that a great gamer could be awesome at this type of "speed trading."
This is what I sometimes call 'Neural Training' human style. The complexities of the decision making to act at precise moments because of an almost 'Sixth Sense' from observing market behavior. Almost always, this comes from 100's or 1000's of ours of 'screen time'.
The analogy would be the subtle adjustment/movements a downhill skier makes in his 100mph crazy ride or a painter who knows EXACTLY what colors to mix together to acheive the right effect.
If you asked either the skier or the painter HOW they did it they would probably give you an answer like "I didn't really think about it. It came naturally"
I think thats part of the reason why its very difficult to 'train' a computer to perform in this way, except in disciplines such as Chess, where the computer has a finite number of moves, calculates them with enormous speed and makes decisions based on the potential strength of the outcomes.
I agree totally. I think it has helped me tremendously that I have not only had several years worth of 6 t 7 hours a day screentime, but also many hours using Ninja's market replay ..sometimes up to 20 times normal speed. My brain has been trained to recognize those events when the market starts moving fast..like in a sell-off or in a big order-flow move. My next level of proficiency will be to react..automatically..without conscious thought..like a reflex when you apply the brakes of your car in danger. Not quite there yet..but getting closer.